Meitav Investment House Ltd
TASE:MTAV
Income Statement
Earnings Waterfall
Meitav Investment House Ltd
Income Statement
Meitav Investment House Ltd
| Dec-2004 | Mar-2005 | Jun-2005 | Sep-2005 | Dec-2005 | Mar-2006 | Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
13
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
13
|
0
|
0
|
0
|
8
|
0
|
0
|
0
|
34
|
0
|
0
|
0
|
26
|
0
|
0
|
0
|
49
|
0
|
0
|
0
|
24
|
0
|
0
|
0
|
18
|
0
|
0
|
0
|
21
|
0
|
0
|
0
|
23
|
0
|
0
|
0
|
29
|
0
|
0
|
0
|
26
|
0
|
0
|
0
|
26
|
0
|
0
|
0
|
40
|
0
|
0
|
0
|
54
|
0
|
0
|
0
|
55
|
0
|
0
|
0
|
53
|
0
|
0
|
0
|
|
| Revenue |
67
N/A
|
87
+30%
|
118
+36%
|
149
+26%
|
179
+20%
|
191
+7%
|
196
+2%
|
196
N/A
|
212
+9%
|
245
+15%
|
292
+19%
|
311
+7%
|
309
-1%
|
273
-12%
|
219
-20%
|
204
-7%
|
140
-32%
|
192
+37%
|
267
+39%
|
310
+16%
|
401
+29%
|
399
-1%
|
367
-8%
|
367
0%
|
390
+6%
|
394
+1%
|
436
+11%
|
459
+5%
|
459
+0%
|
471
+3%
|
442
-6%
|
439
-1%
|
434
-1%
|
438
+1%
|
532
+21%
|
604
+14%
|
694
+15%
|
769
+11%
|
765
-1%
|
772
+1%
|
782
+1%
|
780
0%
|
774
-1%
|
761
-2%
|
736
-3%
|
728
-1%
|
729
+0%
|
760
+4%
|
774
+2%
|
816
+5%
|
850
+4%
|
850
N/A
|
878
+3%
|
871
-1%
|
872
+0%
|
893
+2%
|
887
-1%
|
916
+3%
|
927
+1%
|
919
-1%
|
934
+2%
|
927
-1%
|
927
N/A
|
937
+1%
|
1 014
+8%
|
1 064
+5%
|
1 114
+5%
|
1 158
+4%
|
1 143
-1%
|
1 138
0%
|
1 142
+0%
|
1 165
+2%
|
1 188
+2%
|
1 227
+3%
|
1 269
+3%
|
1 305
+3%
|
1 326
+2%
|
1 369
+3%
|
1 444
+5%
|
1 523
+5%
|
1 631
+7%
|
1 721
+6%
|
1 800
+5%
|
1 906
+6%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(59)
|
(69)
|
(78)
|
(92)
|
(105)
|
(112)
|
(122)
|
(127)
|
(137)
|
(148)
|
(164)
|
(176)
|
(185)
|
(187)
|
(179)
|
(181)
|
(178)
|
(177)
|
(182)
|
(195)
|
(214)
|
(220)
|
(245)
|
(254)
|
(267)
|
(288)
|
(313)
|
(312)
|
(349)
|
(329)
|
(350)
|
(334)
|
(346)
|
(355)
|
(420)
|
(479)
|
(587)
|
(599)
|
(586)
|
(589)
|
(607)
|
(575)
|
(569)
|
(555)
|
(562)
|
(538)
|
(543)
|
(564)
|
(618)
|
(622)
|
(648)
|
(661)
|
(701)
|
(668)
|
(672)
|
(683)
|
(723)
|
(700)
|
(704)
|
(702)
|
(761)
|
(721)
|
(717)
|
(715)
|
(769)
|
(771)
|
(797)
|
(825)
|
(835)
|
(836)
|
(871)
|
(899)
|
(946)
|
(944)
|
(962)
|
(985)
|
(1 021)
|
(1 028)
|
(1 057)
|
(1 092)
|
(1 156)
|
(1 178)
|
(1 216)
|
(1 260)
|
|
| Selling, General & Administrative |
(59)
|
(69)
|
(78)
|
(92)
|
(105)
|
(112)
|
(122)
|
(127)
|
(137)
|
(148)
|
(164)
|
(176)
|
(185)
|
(187)
|
(179)
|
(181)
|
(178)
|
(177)
|
(182)
|
(195)
|
(214)
|
(236)
|
(253)
|
(264)
|
(288)
|
(301)
|
(326)
|
(345)
|
(339)
|
(354)
|
(346)
|
(340)
|
(339)
|
(350)
|
(420)
|
(479)
|
(531)
|
(599)
|
(586)
|
(589)
|
(566)
|
(575)
|
(569)
|
(555)
|
(527)
|
(538)
|
(543)
|
(564)
|
(575)
|
(622)
|
(648)
|
(661)
|
(643)
|
(668)
|
(672)
|
(683)
|
(657)
|
(700)
|
(704)
|
(702)
|
(660)
|
(721)
|
(717)
|
(715)
|
(679)
|
(771)
|
(769)
|
(797)
|
(746)
|
(808)
|
(871)
|
(899)
|
(790)
|
(857)
|
(850)
|
(846)
|
(826)
|
(919)
|
(939)
|
(965)
|
(923)
|
(1 032)
|
(1 064)
|
(1 103)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(56)
|
0
|
0
|
0
|
(41)
|
0
|
0
|
0
|
(35)
|
0
|
0
|
0
|
(43)
|
0
|
0
|
0
|
(58)
|
0
|
0
|
0
|
(66)
|
0
|
0
|
0
|
(101)
|
0
|
0
|
0
|
(90)
|
0
|
0
|
0
|
(89)
|
0
|
0
|
0
|
(91)
|
0
|
0
|
0
|
(95)
|
0
|
0
|
0
|
(99)
|
0
|
0
|
0
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
16
|
7
|
11
|
24
|
13
|
13
|
33
|
(6)
|
25
|
(3)
|
6
|
0
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(28)
|
(28)
|
0
|
(28)
|
0
|
0
|
(65)
|
(89)
|
(112)
|
(139)
|
(100)
|
(109)
|
(118)
|
(127)
|
(134)
|
(144)
|
(150)
|
(157)
|
|
| Operating Income |
8
N/A
|
19
+142%
|
40
+117%
|
57
+41%
|
73
+29%
|
79
+8%
|
73
-7%
|
68
-7%
|
76
+11%
|
96
+27%
|
128
+33%
|
135
+6%
|
123
-9%
|
86
-30%
|
40
-54%
|
24
-41%
|
(38)
N/A
|
15
N/A
|
84
+447%
|
116
+38%
|
187
+62%
|
179
-4%
|
122
-32%
|
113
-7%
|
123
+9%
|
106
-14%
|
123
+16%
|
147
+20%
|
110
-25%
|
142
+29%
|
93
-35%
|
105
+14%
|
88
-16%
|
84
-5%
|
112
+34%
|
125
+12%
|
107
-14%
|
170
+59%
|
179
+5%
|
183
+2%
|
175
-4%
|
205
+17%
|
205
N/A
|
206
+0%
|
174
-16%
|
190
+9%
|
186
-2%
|
196
+5%
|
156
-20%
|
194
+24%
|
202
+4%
|
189
-6%
|
177
-6%
|
203
+15%
|
200
-1%
|
210
+5%
|
164
-22%
|
216
+32%
|
223
+3%
|
217
-3%
|
173
-20%
|
206
+19%
|
210
+2%
|
222
+6%
|
245
+10%
|
293
+20%
|
317
+8%
|
333
+5%
|
308
-8%
|
302
-2%
|
271
-10%
|
266
-2%
|
242
-9%
|
283
+17%
|
307
+8%
|
320
+4%
|
305
-5%
|
341
+12%
|
387
+13%
|
431
+11%
|
475
+10%
|
543
+14%
|
584
+8%
|
646
+11%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
(3)
|
(5)
|
(5)
|
(9)
|
(10)
|
(10)
|
11
|
(8)
|
(8)
|
(9)
|
(9)
|
(10)
|
(8)
|
(5)
|
(3)
|
(10)
|
(21)
|
(26)
|
(28)
|
(31)
|
(29)
|
(30)
|
(26)
|
(32)
|
(39)
|
(52)
|
(50)
|
(53)
|
(44)
|
(35)
|
(22)
|
(20)
|
(25)
|
(24)
|
(14)
|
(27)
|
(23)
|
(22)
|
(9)
|
(30)
|
(32)
|
(22)
|
(16)
|
(25)
|
(27)
|
(34)
|
(26)
|
(32)
|
(33)
|
(27)
|
(19)
|
(26)
|
(18)
|
(24)
|
57
|
(30)
|
(39)
|
(274)
|
(45)
|
(282)
|
(294)
|
(77)
|
(76)
|
(100)
|
(101)
|
(97)
|
0
|
(88)
|
(100)
|
(103)
|
(47)
|
(86)
|
(67)
|
(53)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
34
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
(310)
|
(338)
|
(311)
|
(309)
|
1
|
(11)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
201
|
|
| Total Other Income |
(7)
|
(7)
|
(8)
|
(9)
|
(9)
|
(7)
|
(5)
|
(3)
|
(0)
|
(0)
|
(2)
|
(3)
|
(5)
|
(3)
|
(2)
|
(1)
|
(18)
|
1
|
0
|
0
|
3
|
5
|
5
|
4
|
(6)
|
(4)
|
(15)
|
(17)
|
11
|
(20)
|
(10)
|
(6)
|
(5)
|
(4)
|
(16)
|
(30)
|
(15)
|
(55)
|
(48)
|
(37)
|
(5)
|
(22)
|
(22)
|
(22)
|
(7)
|
(19)
|
(21)
|
(23)
|
6
|
(27)
|
(28)
|
(13)
|
14
|
(15)
|
(16)
|
(33)
|
(5)
|
(38)
|
(39)
|
(42)
|
(7)
|
(53)
|
(52)
|
(48)
|
(7)
|
45
|
46
|
46
|
(224)
|
(15)
|
(2)
|
3
|
17
|
(13)
|
11
|
8
|
(44)
|
27
|
0
|
2
|
(33)
|
(9)
|
(10)
|
226
|
|
| Pre-Tax Income |
1
N/A
|
12
+991%
|
33
+173%
|
47
+45%
|
64
+36%
|
72
+12%
|
68
-6%
|
66
-4%
|
75
+15%
|
97
+28%
|
124
+28%
|
127
+3%
|
114
-11%
|
74
-35%
|
28
-62%
|
12
-57%
|
(46)
N/A
|
8
N/A
|
77
+837%
|
107
+40%
|
182
+69%
|
174
-4%
|
118
-32%
|
112
-5%
|
115
+3%
|
92
-20%
|
121
+31%
|
104
-14%
|
93
-10%
|
91
-3%
|
54
-41%
|
69
+28%
|
57
-17%
|
47
-17%
|
57
+21%
|
43
-25%
|
42
-2%
|
62
+48%
|
87
+40%
|
111
+28%
|
148
+33%
|
163
+10%
|
158
-3%
|
160
+1%
|
153
-4%
|
144
-6%
|
142
-1%
|
151
+6%
|
133
-12%
|
137
+3%
|
142
+4%
|
154
+8%
|
170
+10%
|
163
-4%
|
157
-4%
|
143
-9%
|
133
-7%
|
146
+10%
|
151
+3%
|
148
-2%
|
146
-1%
|
127
-13%
|
140
+10%
|
150
+7%
|
281
+87%
|
308
+10%
|
324
+5%
|
(205)
N/A
|
(299)
-46%
|
(306)
-2%
|
(334)
-9%
|
193
N/A
|
172
-11%
|
170
-1%
|
217
+28%
|
231
+6%
|
251
+9%
|
280
+12%
|
287
+3%
|
330
+15%
|
393
+19%
|
448
+14%
|
507
+13%
|
1 020
+101%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(6)
|
(8)
|
(13)
|
(17)
|
(22)
|
(26)
|
(27)
|
(27)
|
(29)
|
(35)
|
(44)
|
(45)
|
(48)
|
(40)
|
(32)
|
(37)
|
(35)
|
(38)
|
(40)
|
(39)
|
(33)
|
(36)
|
(35)
|
(36)
|
(37)
|
(29)
|
(28)
|
(24)
|
(21)
|
(28)
|
(26)
|
(30)
|
(30)
|
(28)
|
(31)
|
(29)
|
(29)
|
(37)
|
(47)
|
(56)
|
(70)
|
(73)
|
(68)
|
(66)
|
(62)
|
(57)
|
(54)
|
(56)
|
(45)
|
(49)
|
(52)
|
(57)
|
(64)
|
(60)
|
(60)
|
(55)
|
(56)
|
(60)
|
(57)
|
(52)
|
(50)
|
(50)
|
(54)
|
(59)
|
(89)
|
(97)
|
(105)
|
(108)
|
(93)
|
(85)
|
(75)
|
(77)
|
(77)
|
(80)
|
(96)
|
(102)
|
(94)
|
(92)
|
(86)
|
(91)
|
(103)
|
(114)
|
(131)
|
(163)
|
|
| Income from Continuing Operations |
(5)
|
4
|
20
|
31
|
42
|
47
|
41
|
39
|
47
|
62
|
80
|
83
|
66
|
34
|
(5)
|
(25)
|
(81)
|
(29)
|
37
|
68
|
149
|
139
|
83
|
76
|
78
|
63
|
93
|
80
|
72
|
63
|
27
|
39
|
27
|
20
|
26
|
14
|
13
|
25
|
40
|
55
|
78
|
90
|
90
|
94
|
91
|
87
|
88
|
95
|
88
|
88
|
90
|
97
|
106
|
103
|
97
|
88
|
77
|
86
|
94
|
96
|
96
|
77
|
86
|
91
|
192
|
211
|
219
|
(313)
|
(392)
|
(391)
|
(409)
|
116
|
95
|
90
|
121
|
129
|
157
|
188
|
201
|
239
|
290
|
334
|
376
|
857
|
|
| Income to Minority Interest |
(2)
|
(2)
|
(3)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(7)
|
(7)
|
(5)
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
1
|
1
|
1
|
(1)
|
(2)
|
(3)
|
(3)
|
(2)
|
(4)
|
(5)
|
(8)
|
(9)
|
(9)
|
(10)
|
(11)
|
(12)
|
(12)
|
(12)
|
(10)
|
(10)
|
(12)
|
(14)
|
(18)
|
(19)
|
(18)
|
(16)
|
(30)
|
(43)
|
(51)
|
(37)
|
(22)
|
(10)
|
(4)
|
(19)
|
(21)
|
(24)
|
(26)
|
(28)
|
(27)
|
(26)
|
(27)
|
(30)
|
(34)
|
(38)
|
(43)
|
(44)
|
|
| Equity Earnings Affiliates |
0
|
(0)
|
(1)
|
(1)
|
1
|
1
|
2
|
3
|
3
|
3
|
3
|
4
|
4
|
(1)
|
(1)
|
(3)
|
(24)
|
(20)
|
(21)
|
(20)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
(7)
N/A
|
2
N/A
|
16
+818%
|
26
+64%
|
38
+47%
|
45
+20%
|
41
-9%
|
40
-4%
|
47
+19%
|
58
+23%
|
76
+32%
|
82
+7%
|
66
-19%
|
32
-51%
|
(5)
N/A
|
(27)
-437%
|
(104)
-281%
|
(50)
+52%
|
16
N/A
|
49
+201%
|
148
+206%
|
138
-7%
|
83
-40%
|
75
-10%
|
77
+3%
|
63
-19%
|
93
+48%
|
80
-14%
|
72
-10%
|
63
-12%
|
27
-57%
|
39
+42%
|
27
-30%
|
19
-31%
|
24
+30%
|
12
-50%
|
11
-8%
|
24
+118%
|
41
+71%
|
56
+37%
|
79
+41%
|
89
+13%
|
88
-1%
|
91
+3%
|
88
-3%
|
85
-3%
|
84
-1%
|
90
+7%
|
80
-11%
|
79
-1%
|
81
+3%
|
87
+7%
|
95
+9%
|
91
-4%
|
85
-7%
|
76
-11%
|
67
-12%
|
76
+13%
|
82
+8%
|
82
N/A
|
78
-5%
|
58
-26%
|
66
+14%
|
73
+11%
|
162
+122%
|
166
+2%
|
168
+1%
|
(350)
N/A
|
(414)
-18%
|
(401)
+3%
|
(413)
-3%
|
97
N/A
|
74
-24%
|
66
-11%
|
95
+44%
|
101
+6%
|
130
+29%
|
162
+25%
|
174
+7%
|
209
+20%
|
256
+22%
|
296
+16%
|
333
+13%
|
813
+144%
|
|
| EPS (Diluted) |
-0.66
N/A
|
0.1
N/A
|
0.83
+730%
|
1.28
+54%
|
1
-22%
|
1.81
+81%
|
1.62
-10%
|
1.58
-2%
|
1.93
+22%
|
1.93
N/A
|
2.37
+23%
|
2.21
-7%
|
1.94
-12%
|
0.89
-54%
|
-0.16
N/A
|
-0.78
-388%
|
-2.94
-277%
|
-1.4
+52%
|
0.45
N/A
|
1.37
+204%
|
4.17
+204%
|
3.9
-6%
|
2.38
-39%
|
2.08
-13%
|
2.18
+5%
|
1.75
-20%
|
2.63
+50%
|
2.24
-15%
|
2.06
-8%
|
1.77
-14%
|
0.72
-59%
|
1.07
+49%
|
0.76
-29%
|
0.48
-37%
|
0.37
-23%
|
0.23
-38%
|
0.21
-9%
|
0.37
+76%
|
0.64
+73%
|
0.87
+36%
|
1.24
+43%
|
1.38
+11%
|
1.36
-1%
|
1.43
+5%
|
1.37
-4%
|
1.33
-3%
|
1.31
-2%
|
1.36
+4%
|
1.23
-10%
|
1.19
-3%
|
1.22
+3%
|
1.34
+10%
|
1.42
+6%
|
1.36
-4%
|
1.24
-9%
|
1.13
-9%
|
1.01
-11%
|
1.15
+14%
|
1.25
+9%
|
1.27
+2%
|
1.17
-8%
|
0.89
-24%
|
1
+12%
|
1.1
+10%
|
2.5
+127%
|
2.54
+2%
|
2.5
-2%
|
-5.02
N/A
|
-6.4
-27%
|
-6.15
+4%
|
-6.05
+2%
|
1.42
N/A
|
1.09
-23%
|
0.96
-12%
|
1.21
+26%
|
1.27
+5%
|
1.66
+31%
|
2.07
+25%
|
2.22
+7%
|
2.67
+20%
|
3.26
+22%
|
3.74
+15%
|
4.24
+13%
|
10.32
+143%
|
|